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The Chicago Bulls announced Friday that they signed power forward/center Pau Gasol.

Terms of the contract were not released by the team.

Last season, Gasol averaged 17.4 points and 9.7 rebounds per game last season, despite a career-low 31.4 minutes per game. He made $19 million last season.

"We are really excited to add such a versatile player to our roster who has been both an All-Star and an NBA champion," general manager Gar Forman said in a statement. "Pau is a skilled player with a high basketball IQ and is a true pro and a proven winner."

Gasol, a 13-year NBA veteran, spent the past six-plus seasons with the Los Angeles Lakers. He helped the Lakers advance to three straight NBA Finals appearances (2008-10), including two championships (2009 and 2010).

Prior to that, Gasol spent more than six seasons with the Memphis Grizzlies (2001-08).

Gasol, a four-time All-Star, has averaged 18.3 points, 9.2 rebounds, 3.3 assists, 1.64 blocks and 0.54 steals in 35.6 minutes over 905 regular-season games. He also owns career shooting averages of 51.5 percent from the field and 75.0 percent from the free-throw line.